Rice is, perhaps, the grain least likely to be affected by Russia’s invasion of Ukraine. However, strength in prices across the grains and oilseeds index, because of the major role of both countries in the wheat market and that of Ukraine in sunflowers, has crossed over to rice, pushing prices up, although ample supplies have held back the increase.

Chinese President Xi Jinping has pledged to increase the country’s imports of milled rice from Cambodia and indicated its willingness to purchase other agricultural products from the Kingdom after a free trade agreement (FTA) came into force.

Indonesia’s agriculture minister, Syahrul Yasin Limpo, told a parliamentary hearing on Tuesday: * Indonesia set its 2023 production target for unhusked rice at 56.08 million tonnes

Thailand’s rice exports are expected to exceed 8 million tonnes this year, driven by the weakness of the baht and rising demand in the global market, according to veteran trader Chookiat Ophaswongse.

Vietnamese rice exports have been increasing significantly in the first months of 2022, signalling a favourable year for the country’s produce.

As has been the case for several weeks now, the cash market throughout most of the delta was a bit stagnant this week, showing little signs of activity. It seems that most growers are more preoccupied with planting than marketing as the global grain complex becomes increasingly unstable.

A whopping 1.53 lakh quintals of rice has been seized in vigilance raids in the State since 2019. However, Civil Supplies officials say it cannot be concluded that the seized rice was meant for the Public Distribution System (PDS).

LONG XUYEN, Vietnam, March 18, 2022 /PRNewswire/ –An Giang Import – Export Joint Stock Company (Angimex – HOSE: AGM), a member of Louis Holdings Group – the leading enterprise in the field of agricultural food production & trading business in Vietnam was honored to welcome the President and the high-level delegation of the Republic of Sierra Leone to visit the rice factory in Long Xuyen City, An Giang province.

Ahead of the second agriculture budget, which will be presented in the Assembly on Saturday, the Congress has suggested that the government roll out a new brand of rice, named ‘Kalaignar Rice’. The party’s suggestion seems to have caught the attention of Agriculture Minister MRK Panneerselvam. 

Export prices of rice from Vietnam climbed to a three-and-a-half-month high this week on steady demand and elevated shipping costs, which dissuaded some traders from signing new contracts.